Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Shares have gone from distressed seller to one or more extremely happy buyer.." agree.
Now, how about Westward Investments taking the lot, that would put the cat among the pigeons for sure.
aimo & dyor
Lol .... says the person who's life is so sad it needs to go abroad to find someone that will tolerate its presence, for cash no doubt.
As for HBR we are on track to have the proposed acquisition circular published very soon that will add detail to the deal giving the markets something to digest and appreciate the deal for what it is, transformational.
aimo & dyor
"I am assuming that whoever is clearing out (Covalis, Askar or both) have opened the taps this morning to clear the final lot...."
We must of really annoyed them with our knockback on offer (by unknown entity) for the whole company as they are set, it appears, to sell out at any cost rather than letting the SP rise on news first.
aimo & dyor
Big buys from yesterday are in a loss atm, so much for insider trading, unless they were happy with their ~2% profit this morning. I would have thought however, they wanted in for a substantially larger return than a tiny few percent.
All systems go RNS has us on the ropes once again, RED ffs !!!
aimo & dyor
ICB,
Yep noticed those too, another reason for the pull-back this morning maybe !
09-Apr-24 14:42:47 8.87 600,000 Unknown* 8.73 8.80 53.22k O
09-Apr-24 14:42:07 8.87 400,000 Unknown* 8.73 8.80 35.48k O
Agree, looks to me like buys too and from same entity / person.
atb
aimo & dyor
Some examples of recent trades of this type that exceed the ISA allowance :
14-Mar-24 16:19:06 7.50 1,100,000 Unknown* 7.55 7.68 82.50k O
14-Mar-24 16:19:06 7.50 -1,100,000 Unknown* 7.55 7.68 -82.50k O
22-Feb-24 10:36:58 7.59 -300,000 Unknown* 7.57 7.65 -22.77k O
22-Feb-24 10:36:58 7.59 300,000 Sell* 7.58 7.65 22.77k O
On top of which we still have our pesky 100k seller too !!
aimo & dyor
"NewKOTB are some of these not Bed & ISA's?..."
Could well be, but could also be under the disguise of. The reason I say that is these 'style' of trades have been happening for many months now outside of the recent new ISA window, usually when we have any form of decent SP rise they kick-in. I'm not sure how bed'n'ISA get reported so you may be correct too.
atb
aimo & dyor
Someone is halting any rise with decent volume sells then shortly afterwards reverses those trades, a practice which is totally illegal when used in this way. Been happening many times before over several weeks / months time and time again, however it is bindingly obvious what their continual MO is today .... kill any rise, dead, control SP, for what end is the question !!
CHAR's nomad (Cavendish) and our CFO JMW should investigate and act accordingly imo.
Quick extract of some of todays illegal activity mixed in with normal trades :
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
09-Apr-24 11:53:23 9.204 217,242 Sell* 9.29 9.43 19.99k O
09-Apr-24 11:53:23 9.204 -217,286 Unknown* 9.29 9.43 -20.00k O
09-Apr-24 11:57:18 9.55 900 Buy* 9.28 9.40 85.95 O
09-Apr-24 11:54:57 9.337 14,000 Buy* 9.22 9.35 1,307 O
09-Apr-24 11:54:49 9.239 100,000 Sell* 9.22 9.38 9,239 O
09-Apr-24 11:54:17 9.2062 4,000 Sell* 9.21 9.34 368.25 O
09-Apr-24 11:54:09 9.28 20,000 Buy* 9.19 9.34 1,856 A
09-Apr-24 11:53:59 9.325 80,000 Buy* 9.19 9.28 7,460 O
09-Apr-24 11:53:23 9.204 217,286 Sell* 9.19 9.28 20.00k O
09-Apr-24 11:52:43 9.19 217,639 Sell* 9.19 9.28 20.00k O
09-Apr-24 11:52:29 9.266 15,000 Buy* 9.19 9.28 1,390 O
09-Apr-24 11:50:50 9.15 -218,591 Unknown* 9.19 9.28 -20.00k O
09-Apr-24 11:51:02 9.15 20,000 Sell* 9.15 9.27 1,830 A
09-Apr-24 11:50:50 9.15 218,591 Sell* 9.15 9.25 20.00k O
AIMO & DYOR
"question is what is the extent of the tailwind tax losses that cann be used..."
We will all find out very shortly with YE report. The effect of these 'wonderful deal making' tax losses will of had 9 months to feed into our combined results, ( plus 3 months from TW itself) so they had better be good.
DT you should of been here during this fiasco unfolding as there was a plethora of helpful and factual posts, needless to say, will the chickens come home to roost or will they start to lay these much promised golden eggs !
PS Just off the Sainsbury's to buy some eggs, golden yolk if I can find them, otherwise I could be left will just an empty shell !!!!
aimo & dyor
Of course we are talking years for the project to be up n running in any scale, however it doesn’t have to follow that ZIOC will still be part of said development…. Buyout could happen during the intervening period at anytime .
Aimo & dyor
Take a look at their results :
https://www.enquest.com/fileadmin/content/press_release_pdfs/2024/Results_for_the_year_ended_31_December_2023_and_2024_outlook.pdf
Could be worse options out there, oh wait a minute, maybe not as we have already acquired them (Tailwind) of course 😕
Aimo & dyor
"The Company is looking at all options to maximise the commercial benefit by collaborating with other operators to share fixed costs such as rig mobilisation.."
Clearly, ITH are looking to hedge their bets against Labour pulling the rug from underneath them with investment allowance.
aimo & dyor
Very, very naughty not declaring "Position of previous notification"within this latest RNS.
https://www.lse.co.uk/rns/CHAR/holdings-in-company-83t1lwgy7rdhq65.html
So as thought, it's one of our 6% er's
aimo & dyor